Spirit Realty Capital is part of the real estate sector and is part of the REITs industry. The company CEO is Jackson Hsieh. Spirit Realty Capital Inc is a self-administered and self-managed REIT. It invests in single-tenant, operationally essential real estate leased on a long-term, triple-net basis to tenants operating within retail, office and industrial property types.

SeekingAlpha:  Spirit Is No Longer Spooky

Historical Performance:

Over the last five trading days, SRC shares returned 0.36% and in the past 30 trading days it returned 5.14%. Over three months, it changed 19.71%. In one year it has changed 21.46% and within that year its 52 week high was 45.06 and its 52 week low was 33.86. SRC stock is 31.66% above its 52 week low.

Our calculations result in a 200 day moving average of 38.80 and a 50 day moving average of 41.89. Right now, SRC stock is trading 14.91% above its 200 day moving average.

SeekingAlpha:  Spirit Is No Longer Spooky


The company has a market cap of $4.4b with 98.8m shares outstanding and a float of 95.5m shares. Trading volume was 924,175 shares and has experienced an average volume of 1,399,955 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.


The last annual reported EPS for Spirit Realty Capital was 1.35 which ended on 31st of December 2018, which according to the previous close, that is a PE of 33.02. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.81. The trailing twelve month EPS reported is 3.79 (trailing twelve month diluted EPS is 1.53).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-02-2019: 0.48
4thQtr 2018Reported 02-20-2019: 0.60
3rdQtr 2018Reported 11-05-2018: 0.30
2ndQtr 2018Reported 08-07-2018: 0.15
1stQtr 2018Reported 05-01-2018: 0.31

Base on our calculations, the intrinsic value per share is 82.37, which means it might be undervalued and has a margin of safety of 45.88%.

The growth of the EPS is critical in understanding the current valuation of Spirit Realty Capital; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 13.60% over the last twelve months.

Indicators Also to Watch:

Short-interest was 15,488,742, which was 15.67% of shares outstanding. The short-interest ratio or days-to-cover ratio was 11.00. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The beta was calculated to be 0.43.

Business Wire:  Knauf Completes Acquisition of USG Corporation

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 2.30%, profit margin is 35.68%, price-to-sales is 10.75 and price-to-book is 1.66.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 2  : Financial Safety Result
 4  : Past Performance Result
 4  : Valuation Result
 4  : Dividend Safety Result
 2  : Overall Result

Related Tags: , , ,

Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).


Please enter your comment!
Please enter your name here